LATEST INTELLIGENCE
PRESENTED BY
THE RISE OF MACHINES
M
Download whitepaper here
achine learning and artificial intelligence
(AI) is already prevalent across financial
services, but only a fraction of its potential
is being used. And it’s no longer a matter of if AI will
change the face of the industry, but when.
The accelerating pace of technological change is
considered by some to be the most creative and
destructive force in finance (PWC) and the industry is
facing great pressure to keep up.
In fact, 70% of financial services leaders state that
the pace of technological change as a primary
concern going forward, the percentage is even
24
INTELLIGENTCIO
higher in banking at 81% (PWC). 12% of financial
institutions not using AI cited ‘siloed data sets,
fear of failure and unclear internal ownership of
emerging technologies’ as main factors thwarting
innovation (Forbes). So how will these forces for
change and rapid technological advances affect the
future of finance? What will be the big challenges
facing institutions? What will the workforce of the
future look like and what should business and IT
leaders be doing right now? In this report, we’ll be
looking at the parts people and computers will play
in the future of finance, how this relationship will
evolve and what this means for financial institutions
today and tomorrow.
www.intelligentcio.com